Hi management consulting enthusiasts,
I have been researching the career path of management consultants (mostly MBB and some other top firms which have advanced degree paths). I usually see consultants leave the job with some sort of exit plan after a few years in the firm. I also see the salary range is mostly under $CAD 100k + bonus in the first 3 years (Canada offices) and mostly work overtime. But, the management consulting career looks to leave a good impression on the resume forever along with a strong alumni network. With that being said, is it worth leaving a research scientist (engineer) career, with an independent and flexible schedule, which pays about $CAD90k+ options+benefits and continued opportunities to invent more? The biggest driving force for me to look into management consulting is A) the growth opportunity I sense- Later I can take up CTO, CSO or at least better position than a scientist B) If I make into Middle-east office, new geography experience. With my scientific career, all I can see is retiring as a scientist, and my strategy team and C suit control the big game. I also see in many manufacturing and science companies, non-science/tech people play the big decision role, rather than the inventors and hence take a large share. IT-sector could be an exception in my view. Can you please share your opinion to help me logically shape my thoughts on pursuing consulting career? Is Management consulting a wise path to take?
Cheers